UPDATE 1-Deutsche Bank could settle Libor probe this month

April 10, 2015 11:22 AM

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April 9 (Reuters) - Deutsche Bank AG, which faces allegations that it tried to rig the Libor benchmark interest rate, could settle with U.S. and British authorities as early as this month, two sources familiar with the matter said.

The penalties are likely to exceed $1.5 billion, the amount UBS Group AG paid in 2012, one of the sources said.